ASAP PLS CAN U SOLVE WTHOUT EXCEL FORMAT Consider an option on a dividend-paying stock when the stock price is $31, the exercise price is $29, the continuously compounded risk-free interest rate is 9% per annum, the volatility is 11% per annum, and the time to maturity is seven months. The stock is expected to pay a dividend of $2 in two months. What is the price of the option if it is a European call? What is the price of the option if it is a European put? Does the put-call parity hold?